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Dodge & Cox

San Francisco, CA 21 processed 13Fs on this site, 2021 Q3 to 2026 Q2

  • $191B
  • 222 holdings
  • 2026 Q2
  • +5.0% QoQ
  • Top 5 16.7%

Portfolio

2026 Q2, filed 8/13/2026, top 12 of 222 holdings

Top 5 16.7%, top 10 27.8%

AUM over time

2026 Q2 $191B +5.0% QoQ
2021 Q3: $153.5B 2021 Q3: $153.5B
Q3 2021
2021 Q4: $161.5B, +5.2% QoQ 2021 Q4: $161.5B, +5.2% QoQ
Q4
2022 Q1: $164.6B, +1.9% QoQ 2022 Q1: $164.6B, +1.9% QoQ
Q1 2022
2022 Q2: $144.5B, −12.2% QoQ 2022 Q2: $144.5B, −12.2% QoQ
Q2
2022 Q3: $132B, −8.6% QoQ 2022 Q3: $132B, −8.6% QoQ
Q3
2022 Q4: $145.8B, +10.5% QoQ 2022 Q4: $145.8B, +10.5% QoQ
Q4
2023 Q1: $146.8B, +0.6% QoQ 2023 Q1: $146.8B, +0.6% QoQ
Q1 2023
2023 Q2: $149.9B, +2.1% QoQ 2023 Q2: $149.9B, +2.1% QoQ
Q2
2023 Q3: $148.4B, −1.0% QoQ 2023 Q3: $148.4B, −1.0% QoQ
Q3
2023 Q4: $157.3B, +6.0% QoQ 2023 Q4: $157.3B, +6.0% QoQ
Q4
2024 Q1: $172.4B, +9.6% QoQ 2024 Q1: $172.4B, +9.6% QoQ
Q1 2024
2024 Q2: $166.6B, −3.3% QoQ 2024 Q2: $166.6B, −3.3% QoQ
Q2
2024 Q3: $176.8B, +6.1% QoQ 2024 Q3: $176.8B, +6.1% QoQ
Q3
2024 Q4: $171.8B, −2.8% QoQ 2024 Q4: $171.8B, −2.8% QoQ
Q4
2025 Q1: $175.5B, +2.1% QoQ 2025 Q1: $175.5B, +2.1% QoQ
Q1 2025
2025 Q2: $178B, +1.4% QoQ 2025 Q2: $178B, +1.4% QoQ
Q2
2025 Q3: $185.3B, +4.1% QoQ 2025 Q3: $185.3B, +4.1% QoQ
Q3
2025 Q4: $185.3B, 0.0% QoQ 2025 Q4: $185.3B, 0.0% QoQ
Q4
2026 Q1: $182B, −1.8% QoQ 2026 Q1: $182B, −1.8% QoQ
Q1 2026
2026 Q2: $191B, +5.0% QoQ 2026 Q2: $191B, +5.0% QoQ
Q2

Book

2023 Q1 2022 Q4, filed 12 May, long equity only

OXY, Occidental 3.92%, was 4.02% Reduce −0.9% 92,156,069 $62.43 $5.8B −801,155 −$102M
GOOG, Alphabet Class C 3.08%, was 2.61% Add +1.3% 43,488,919 $104.00 $4.5B +543,627 +$712M
WFC, Wells Fargo 3.07% Add +1.4% 120,385,253 $37.38 $4.5B +1,662,877 −$402M
SNY, Sanofi 3.06% Reduce −2.0% 82,517,326 $54.42 $4.5B −1,671,748 +$413M
SCHW, Charles Schwab 2.80% Add +1.3% 78,462,490 $52.38 $4.1B +1,033,760 −$2.3B
FISV, Fiserv 2.79% Reduce −0.2% 36,250,709 $113.03 $4.1B −68,535 +$427M
FDX, FedEx 2.63% Reduce −2.6% 16,885,389 $228.49 $3.9B −446,506 +$856M
JCI, Johnson Controls 2.55%, was 2.75% Reduce −0.6% 62,220,537 $60.22 $3.7B −393,578 −$260M
MSFT, Microsoft 2.39% Reduce −0.7% 12,181,618 $288.30 $3.5B −86,309 +$570M
COF, Capital One 2.30% Reduce −0.6% 35,170,355 $96.16 $3.4B −201,841 +$94M
VMware 2.26%, was 2.30% Reduce −2.5% 26,621,128 $124.85 $3.3B −682,023 −$28M
GE, GE Aerospace 2.25% Reduce −7.0% 34,581,481 $95.60 $3.3B −2,595,175 +$191M
UBS 2.24% Reduce −2.6% 155,111,813 $21.19 $3.3B −4,203,904 +$316M
RTX 2.23%, was 2.32% Reduce −0.5% 33,399,832 $97.93 $3.3B −159,425 −$116M
MET, MetLife 2.13% Add +0.9% 54,069,754 $57.94 $3.1B +486,544 −$745M
CHTR, Charter Communications 2.12%, was 1.97% Add +2.5% 8,683,257 $357.61 $3.1B +211,744 +$233M
CMCSA, Comcast 2.01% Reduce −2.3% 77,718,806 $37.91 $2.9B −1,863,457 +$163M
CI, Cigna 2.00%, was 2.62% Reduce −0.7% 11,462,143 $255.53 $2.9B −86,414 −$898M
GILD, Gilead Sciences 1.96%, was 2.11% Reduce −3.3% 34,701,762 $82.97 $2.9B −1,183,390 −$202M
BK, BNY 1.85% Add 0.0% 59,834,458 $45.44 $2.7B +19,211 −$3.9M
GSK 1.69%, was 1.56% Add +7.4% 69,707,068 $35.58 $2.5B +4,774,116 +$198M
CSCO, Cisco 1.50% Reduce −2.2% 41,985,724 $52.27 $2.2B −940,853 +$150M
BKNG, Booking Holdings 1.49% Reduce −0.7% 826,731 $2,652 $2.2B −5,563 +$516M
TEL, TE Connectivity 1.44% Reduce −0.7% 16,140,880 $131.15 $2.1B −106,405 +$252M
REGN, Regeneron 1.34%, was 1.10% Add +7.3% 2,384,701 $821.67 $2B +161,642 +$356M
MCHP, Microchip Technology 1.31% Reduce −2.0% 22,899,386 $83.78 $1.9B −469,280 +$277M
AMZN, Amazon 1.29%, was 0.87% Add +21.9% 18,360,370 $103.29 $1.9B +3,299,870 +$631M
GS, Goldman Sachs 1.28%, was 1.45% Reduce −6.6% 5,740,305 $327.11 $1.9B −402,786 −$232M
NVS, Novartis 1.27%, was 1.29% Reduce −2.1% 20,312,680 $92.00 $1.9B −438,692 −$14M
BUD, Anheuser-Busch InBev 1.15% Reduce −0.1% 25,302,353 $66.73 $1.7B −37,318 +$167M
STT, State Street 1.13%, was 1.17% Reduce −0.5% 21,830,987 $75.69 $1.7B −112,767 −$50M
UNH, UnitedHealth Group 1.12%, was 1.28% Reduce −1.1% 3,489,512 $472.59 $1.6B −39,198 −$222M
TMUS, T-Mobile US 1.10%, was 1.11% Reduce −4.0% 11,126,724 $144.84 $1.6B −463,610 −$11M
LYB, LyondellBasell Industries 1.05% Reduce −0.7% 16,445,242 $93.89 $1.5B −123,250 +$168M
META, Meta Platforms 1.05% Reduce −37.9% 7,245,857 $211.94 $1.5B −4,428,333 +$131M
HPQ, HP 1.03% Reduce −1.6% 51,619,005 $29.35 $1.5B −832,220 +$106M
FIS, Fidelity National Information Services 1.02% Add +4.9% 27,493,640 $54.33 $1.5B +1,273,025 −$285M
TAP, Molson Coors Beverage 0.99%, was 0.96% Add +3.8% 28,120,054 $51.68 $1.5B +1,032,150 +$58M
COP, ConocoPhillips 0.95%, was 1.18% Reduce −3.1% 14,084,769 $99.21 $1.4B −454,713 −$318M
INCY, Incyte 0.95%, was 1.07% Reduce −0.2% 19,332,310 $72.27 $1.4B −30,625 −$158M
BMRN, BioMarin Pharmaceutical 0.95%, was 1.02% Reduce −0.4% 14,329,313 $97.24 $1.4B −54,350 −$95M
SU, Suncor Energy 0.95%, was 0.91% Add +7.1% 44,855,854 $31.05 $1.4B +2,988,400 +$64M
FOXA, Fox Class A 0.93% Reduce 0.0% 40,057,178 $34.05 $1.4B −10,187 +$147M
GOOGL, Alphabet Class A 0.91%, was 0.57% Add +35.7% 12,841,330 $103.73 $1.3B +3,381,255 +$497M
GEHC, GE HealthCare 0.88% New 15,810,644 $82.03 $1.3B +15,810,644 +$1.3B
BABA, Alibaba 0.88% Reduce −9.6% 12,633,812 $102.18 $1.3B −1,345,258 +$60M
BAC, Bank of America 0.84% Add +1.9% 43,175,036 $28.60 $1.2B +803,447 −$169M
CTSH, Cognizant 0.83% Reduce −1.5% 20,030,272 $60.93 $1.2B −313,485 +$57M
Juniper Networks 0.82% Reduce −1.1% 35,134,252 $34.42 $1.2B −398,000 +$74M
Honda Motor 0.82%, was 0.70% Add +2.1% 45,265,991 $26.49 $1.2B +926,171 +$185M

Showing top 50 of 188 by value

Exits / last held

Gone since 2022 Q4, shown at their last reported size.

Stock % of portfolio Recent activity Shares Reported price* Value Share change $ change
LIN, Linde 0.30% Exit 0 $326.97 $443M −1,355,190 −$443M
Micro Focus International 0.14% Exit 0 $6.31 $211M −33,422,617 −$211M
CB, Chubb — Exit 0 $220.33 $310K −1,407 −$310K

Weight bar: held both quarters added sold at this quarter’s reported price

* Reported price is value ÷ shares from the 13F as of period end, not a live market quote. Weight % is each long-equity position ÷ full 13F AUM, so rows may not sum to 100% when the filing includes options or other non-equity (excluded from this table). Share change and $ change are vs 2022 Q4. Click a column header to sort, or New, Hold, Add or Reduce to bring those moves to the top. Exit opens the last-held block below.

Filings history

20 periods, with AUM normalized

Period Holds AUM QoQ Form Filed Filing ID
2026 Q2 222 $191B +5.0% 13F-HR 8/13/2026 000119312526349535
2026 Q1 222 $182B −1.8% 13F-HR 5/14/2026 000119312526223352
2025 Q4 222 $185.3B 0.0% 13F-HR 2/13/2026 000119312526050636
2025 Q3 219 $185.3B +4.1% 13F-HR 11/13/2025 000119312525280187
2025 Q2 219 $178B +1.4% 13F-HR 8/13/2025 000095012325007843
2025 Q1 214 $175.5B +2.1% 13F-HR 5/14/2025 000095012325005225
2024 Q4 214 $171.8B −2.8% 13F-HR 2/13/2025 000095012325002054
2024 Q3 205 $176.8B +6.1% 13F-HR 11/13/2024 000095012324011156
2024 Q2 202 $166.6B −3.3% 13F-HR 8/13/2024 000095012324008085
2024 Q1 199 $172.4B +9.6% 13F-HR 5/14/2024 000095012324004973
2023 Q4 197 $157.6B — RESTATEMENT 2/22/2024 000095012324002715
2023 Q4 195 $157.3B +6.0% 13F-HR 2/15/2024 000095012324002669
2023 Q3 192 $148.4B −1.0% 13F-HR 11/14/2023 000095012323010663
2023 Q2 191 $149.9B +2.1% 13F-HR 8/14/2023 000095012323007849
2023 Q1 203 $146.8B +0.6% 13F-HR 5/12/2023 000095012323004679
2022 Q4 188 $145.8B +10.5% 13F-HR 2/14/2023 000095012323002467
2022 Q3 191 $132B −8.6% 13F-HR 11/10/2022 000095012322011468
2022 Q2 211 $144.5B −12.2% 13F-HR 8/12/2022 000095012322008869
2022 Q1 197 $164.6B +1.9% 13F-HR 5/13/2022 000095012322005782
2021 Q4 197 $161.5B +5.2% 13F-HR 2/14/2022 000095012322002744
2021 Q3 193 $153.5B — 13F-HR 11/15/2021 000095012321015230

About

Dodge & Cox

21 processed 13Fs on this site, 2021 Q3 to 2026 Q2

SEC filing name
DODGE & COX
Location
San Francisco, CA
All SEC filings
View on sec.gov